How “Going Solar” Helps

10:21 PM
Parvesh Bravo
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Solar energy has been one major breakthrough of
science, giving us an option to utilize energy from the Sun and use it to good
effect. To go solar has never before been easier. A team of independent solar
installers Toronto will help you sort through your options. To see how much you
can save, and for all other solar questions, you can visit the best solarcompany Toronto, such as Solar Brokers Canada.

1. Save Thousands of Dollars

According to One Block Off the Grid, adding solar
panels to your home can bring in monthly savings of well above $100 in many
states. Extend this to two decades, less than the length of a typical solar
panel warranty and this translates to over $30,000. In Hawaii, residents save
on average $64,000 the first 20 years!

2. Start Saving from Day 1

Many homeowners choose to finance their solar
panels with one of the “pay-as-you-go” financing options. This means that a
third-party company – the solar provider – owns the solar system and takes care
of installation, maintenance, monitoring and repairs. You simply pay the solar
provider for electricity – less than you would`ve paid the utility company.

3. Low Payback Period

If you choose to pay in cash, the payback period
is in many cases less than ten years. In Hawaii, it takes homeowners on average
5 years before the monthly savings (in terms of lower electricity costs) meets
the total costs of the solar system.

4. Increase Your Home Value

Buying a home with solar panels translates into
lower electricity costs. Solar panels will increase a home`s attractiveness on
the market, similarly to homes with low property taxes, homes in school
districts and homes with good Home Energy Ratings (a measurement of a energy
efficiency).

5. Take Advantage of Incentives

Combine this with state and local rebates, Solar
Renewable Energy Credits (SRECs), and total costs can be cut in half. Take
advantage of incentives while they last.

6. Solar is a Secure Investment

With solar panels and simple math, we can
calculate how much electricity will be generated, and most importantly, at what
price, for at least the next 20 years (fixed energy costs).

7. Guaranteed Performance

Solar panel manufacturers include a 20- to
25-year warranty (also known as a performance guarantee) with their solar
panels. The industry standard guarantees 80% performance after 25 years.

The real lifespan of solar panels is much longer
– your solar panels will likely generate a good amount of electricity 30-40
years down the line.

8. Save the Environment

We know that the majority of homeowners choose to
go solar because it makes good sense from a financial point of view. That being
said, the environmental benefits are also clearly worth mentioning.

9. Create Energy Independence

We will inevitably run out of oil, coal and
natural gas. While we continue our consumption of these increasingly expensive
and dangerous energy sources, our national security and economy suffers.

10. Solar is Easy

Shopping for solar used to be a long and
complicated process. There are hundreds of home
solar power contractors in Canada alone. It wouldn’t take you weeks to find
the best solar deal.